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ZIP Code 61353 Income and Tax Statistics
Paw Paw, IL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 620
- 1,120 people on returns
- Average adjusted gross income
- $63,550
- Illinois $96,774
- Average salaries and wages
- $57,356
- Returns with wages
- Average income tax
- $7,266
- Illinois $18,834
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99916025.8%
- $25,000 to $49,99914022.6%
- $50,000 to $74,99911017.7%
- $75,000 to $99,9998012.9%
- $100,000 to $199,99913021.0%
- $200,000 or more00.0%
Income, credits and taxes in 61353
Returns that reported each item, the total amount and the average for those returns
Swipe the table sideways to see more columns.
| Item | Returns | Share of returns | Total | Average |
|---|---|---|---|---|
| Salaries and wages | 480 | 77.4% | $27.53M | $57,356 |
| Business or professional income | 70 | 11.3% | $631K | $9,014 |
| Net capital gains | 80 | 12.9% | $160K | $2,000 |
| Taxable pensions and annuities | 170 | 27.4% | $4.7M | $27,618 |
| Taxable Social Security benefits | 150 | 24.2% | $2.18M | $14,520 |
| Itemized deductions | 30 | 4.8% | $775K | $25,833 |
| Earned income tax credit | 50 | 8.1% | $121K | $2,420 |
| Refundable child tax credit | 40 | 6.5% | $91K | $2,275 |
| Income tax after credits | 470 | 75.8% | $3.42M | $7,266 |
| Refunds | 440 | 71.0% | $1.1M | $2,500 |
Frequently asked questions
- What is the average income in ZIP code 61353?
- For tax year 2022, the average adjusted gross income on the 620 individual tax returns filed in 61353 was $63,550, compared with $96,774 for Illinois.
- How many people in 61353 get the earned income tax credit?
- 50 returns in 61353 (8.1%) claimed the earned income tax credit for tax year 2022.
- Why might these numbers differ from Census income figures?
- IRS figures count tax returns, not households, and use adjusted gross income from the return. People who do not file a return are not included.
Source: Internal Revenue Service, Statistics of Income · Tax year 2022